I found the infographic below to be fascinating, particularly how they rank the states based on their news consumption. The most news-hungry location is, not surprisingly, the District of Columbia, whereas the most incurious places are Mississippi and my own home state of Louisiana.
(more…)Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Why Statistics Matter Especially In August
August carries a bad but undeserved reputation as the month when bad things happen to good people as well as a few not so good professional traders. I’ve come here to dispel that entire notion as August’s bad rep is entirely based on a few outliers which happen to stick out like a fistful of sore thumbs. Naturally that’s what everyone is focused on whilst completely dismissing the entire rest of the dataset.
(more…)Oil Slips Lower
Picture perfect! Oil has been slapped away from its broken trendline. Resistance has done its job.
Foot Long? Nope.
It’s a fairly quiet morning so far, so as I get my day together, let me offer a chart of Foot Locker, against which I have a position by way of November put options. What I’ve got my SlopeAlert set for is a break of the 53.79 price level, designated with that green horizontal.
What’s Up? Not Oil.
The entire weekend, all the headlines were lockdown-this, delta-that, and yet, as required by federal statute, all the equity futures shot higher and are bright green. It’s encouraging to at least see some sanity in the world of crude oil, which seems a more honest reflection of the world’s economic prospects.
